Hong Kong vs Italy: Total reserves
Total reserves over time
- Hong Kong
- Italy
How they compare
Italy currently reports 434.01 billion includes gold, current US$ against 425.55 billion includes gold, current US$ in Hong Kong, a difference of 8.46 billion includes gold, current US$.
The two have swapped places 1 time across 33 shared years of data; in 1990 it was Italy ahead.
Globally, Hong Kong ranks 13th and Italy ranks 10th of 181 countries.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.